Shares of Quidel Corporation (NASDAQ:QDEL) traded today at $103.63, breaking its 52-week low. So far today approximately 156,000 shares have been exchanged, as compared to an average 30-day volume of 993,000 shares.
Over the past year, Quidel Corporation has traded in a range of $103.63 to $306.72 and is now at $103.96.
Quidel Corp is engaged in the development, manufacturing, and marketing of rapid diagnostic testing solutions. It is separated into four product categories: Rapid immunoassays, Cardiac immunoassays, Specialized diagnostic solutions and Molecular diagnostic solutions. Rapid immunoassay and Cardiac immunoassay tests for use in physician offices, hospital laboratories and emergency departments, retail clinics, eye health settings, pharmacies and other urgent care sites, Specialized diagnostic solutions, including direct fluorescent assays and culture-based tests, and Molecular diagnostic tests across a number of hospitals, moderately complex physician offices, laboratories and other segments. The company generates a majority of its revenue from the rapid immunoassays.
Based on a current price of $103.96, Quidel Corporation is currently 10.6% above its average consensus analyst price target of $92.95.
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